The odds that asteroid 2024 YR4 could hit Earth in 2032 recently spiked from a little more than 1% to 2.3%, but astronomers say not to fret.

A terrifying simulation video shows the scale of destruction that could occur if an asteroid hits Earth - as scientists predict impact within the next 10 years

An asteroid becomes a meteorite when it travels to Earth from a nearby orbit or the outer solar system and collides with Earth, according to the United States Geological Survey. Small asteroids typically burn up in the upper atmosphere before ever reaching Earth’s surface to become meteorites.